Plan of arrangement

The TSX Venture Exchange has accepted for filing an arrangement agreement dated May 1, 2024, between Highgold Mining Inc. and an arm's-length third party, pursuant to which the acquiror acquired the company. The acquisition was completed pursuant to a plan of arrangement under the provisions of the Business Corporations Act (Business Columbia).

The company's securityholders approved the arrangement at a special meeting held on June 27, 2024. The Supreme Court of British Columbia approved the arrangement on July 2, 2024. The arrangement closed on July 10, 2024, with shareholders of the company receiving 0.019 of a common share of the acquiror for each common share of the company held.

The company paid a cash finder's fee in connection with the closing of the arrangement.

For further details, please refer to the company's news releases dated May 2, 2024, June 19, 2024, June 27, 2024, July 2, 2024, and July 10, 2024, and the company's information circular dated May 29, 2024, each of which is available on SEDAR+.

Delist

In connection with the arrangement and effective at the close of business on Thursday, July 11, 2024, the common shares will be delisted from the TSX Venture Exchange at the request of the company.